what is the shape of AR and MR curves under perfect competition. draw diagram to explain
Answers
Answered by
1
Answer:
Explanation:
Under perfect competition, average revenue curve is a straight horizontal line and is equal to MR. 2. In pure monopoly, AR curve is a rectangular hyperbola and MR curve coincides with the horizontal axis.
Answered by
1
Answer:
Abe spam kyu ki....jb kch na bolna tha to saamne wali ko aane deti pgl chl nikl
Similar questions
English,
2 months ago
Hindi,
4 months ago
Economy,
4 months ago
Accountancy,
10 months ago
Chemistry,
10 months ago